SRV Hospitals, a leading multi-specialty healthcare chain with headquarters in Mumbai, has raised ₹140 crore in new funding from private equity firm InvAscent, which focuses on healthcare. The strategic investment will drive SRV Hospitals' aggressive expansion plans, allowing the chain to increase its footprint in major urban markets and improve its medical infrastructure.
The capital infusion will help SRV Hospitals to augment its chain of advanced healthcare centres, invest in advanced medical equipment, and lure best clinical minds. The funds also place the company in good stead to address India's booming demand for quality healthcare services across the country's rapidly urbanising belts.
InvAscent, which has invested in high-growth healthcare startups, is raising its fourth fund now and continues to increase its portfolio in the hospital segment. The investment in SRV Hospitals reflects InvAscent's faith in the chain's operational efficiency, patient focus, and good growth track record.
SRV Hospitals, through this investment, plans to establish new standards in patient care, expand its services, and consolidate its position in the competitive Indian healthcare market.
Source: VCCircle, Moneycontrol